On January 27, 2025, the Chairman of the Swiss National Bank, Martin Schlegel, spoke on interest rates and the economic strategy of the bank. He said the SNB doesn't like negative interest rates but cannot rule them out for the future, which is to say cautious as economic conditions change.
Schlegel said there may be months when inflation is negative, but he assures that this is not harmful and will not affect the overall economic plan. His basic focus is on stabilizing prices, which he assured remains the primary goal of the SNB.
There was a slight appreciation in the exchange rate of the Swiss franc and US dollar immediately after the speech by Schlegel. There is an observance on his part on future policy changes coming from the bank. On aggregate, his pronouncement showed commitment to closely monitoring the economic situation but holding dear price stability at the top.


Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 



